Basho Technologies, Inc. Closes on $2 Million Series B Preferred Investment Round.

PR Newswire | April 8, 2009 | Copyright

Company to use funds to introduce its Basho Open SaaS Service to the market.

CAMBRIDGE, Mass., April 8 /PRNewswire/ -- Basho Technologies, Inc., today announced it has conducted an initial close of approximately $2 million on a Series B Preferred investment round. The company will use the funds for general corporate purposes and to commence sales of Basho Open.

"This is an exciting accomplishment for Basho Technologies in an extremely difficult early stage investing environment," said Earl Galleher, Chairman and CEO of Basho Technologies. "We are ...

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